Chewy: No Longer A Dog

11:32am, Wednesday, 28'th Aug 2024
Chewy is showing signs of recovery post-COVID, but at 19x forward EBITDA, the stock appears fairly priced, leading me to a neutral stance. Despite a solid Q2 and growing customer spending, Chewy's sta
Chewy, Inc. (NYSE:CHWY ) Q2 2024 Earnings Conference Call August 28, 2024 8:00 AM ET Company Participants Jennifer Hsu - VP of IR Sumit Singh - CEO David Reeder - CFO Conference Call Participants Doug
Chewy's NYSE: CHWY stock price has struggled since the peaks set in 2020 because it could not sustain the wicked-hot growth pace driven by pandemic spending and stimulus measures. Today's takeaway is

Mixed Messages on New Wave of Retail Earnings

11:05am, Wednesday, 28'th Aug 2024
The past couple weeks showed mostly strong earnings and guidance for retail companies, led by giants like Walmart (WMT) and Target (TGT). The latest reports aren't as straightforward.
While the top- and bottom-line numbers for Chewy (CHWY) give a sense of how the business performed in the quarter ended July 2024, it could be worth looking at how some of its key metrics compare to W
Chewy stock appears ready for a pandemic-like rally as sales per customer continue to grow. Has the company finally unlocked its operating leverage?
Chewy (CHWY) shares surged Wednesday as the online pet supplies retailer posted a much better-than-expected profit as it set a record for customer spending.

Chewy (CHWY) Beats Q2 Earnings Estimates

09:25am, Wednesday, 28'th Aug 2024
Chewy (CHWY) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.15 per share a year ago.
The online seller of pet goods saw the value of sales per customer rise.
"Steady, disciplined growth" is what @LikeFolio's Landon Swan believes Chewy (CHWY) needs to return to highs it saw during the pandemic. Plus, this dog may not need to learn new tricks.
Chewy offers investors numerous higher-margin growth opportunities. Anna Andreeva with Piper Sandler believes these revenue streams could continue boosting profitability.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
On Friday, analysts at Piper Sandler's upgraded Chewy (NYSE: CHWY) to an Overweight rating with a raised price target of $35, up from $22, in a strong vote of confidence in the online pet retailer's p
Recently, Zacks.com users have been paying close attention to Chewy (CHWY). This makes it worthwhile to examine what the stock has in store.

Checking in with Chewy Stock Before Earnings

02:25pm, Thursday, 22'nd Aug 2024
One of our top stock picks for 2024 , Chewy Inc (NYSE:CHWY) is set to report earnings before the open on Wednesday, Aug. 28.
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